---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-044781"
form_type: "8-K"
ticker: "MTW"
cik: "0000061986"
company_name: "MANITOWOC CO INC"
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:41:27.751124+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Manitowoc agrees to acquire Aspen Equipment for ~$51M; expands Midwest direct-to-customer footprint

## Summary
- Purchase price approximately $51 million; transaction expected to close in September 2021 subject to customary conditions.
- Expands direct-to-customer footprint in Iowa, Nebraska, and Minnesota with sales, parts, service, and rentals.
- Aspen's specialized crane and truck upfitting capabilities complement Manitowoc's National Crane boom truck product offerings.
- Acquisition expected to be accretive to adjusted EBITDA in year one; complements pending H&E Equipment crane business acquisition.

## SEC filing metadata
- accession: 0001564590-21-044781
- form_type: 8-K
- ticker: MTW
- cik: 0000061986
- company_name: MANITOWOC CO INC
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61986/000156459021044781/0001564590-21-044781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61986/000156459021044781/mtw-8k_20210816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-044781
- JSON: https://secwatch.observer/filing/0001564590-21-044781.json
- Plain text: https://secwatch.observer/filing/0001564590-21-044781.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.